Essays on Bubble

Introduction

The financial crisis of 2007/9 was the worst in the U.S. since the Great Depression of the 1930s. It was the cause of the failure of some of the biggest financial institutions including Washington Mutual which was closed in 2008, and its assets transferred to JP Morgan. In 2008, the crisis reached its peak with loans dropping dramatically to the lowest levels to be witnessed in a half a century. For example, new loans to large borrowers fell by 47 percent in the fourth quarter of 2008 as compared to the previous quarter and by 79 percent relative to ...

Abstract

The separation processes in industry are a common practice especially in the developed countries as well as in the developing world. As a result, it is a good step to improve the separation techniques to ensure a better process for the production of the finished commodities. The classification of the distillation columns and the packed bed columns together with an analysis of their ability to perform efficiently in the industry is vital. Therefore, the paper entails an analysis of each group of distillation columns, taking into account their ability to carry out their duties, as well as the reason ...

CHAPTER II

This chapter will seek to conduct an absolute inquiry into what makes up security interest laws in the United States. In order to lay the foundation for comparisons in subsequent chapters, the three main elements of the study of the Saudi system will be reviewed here in the context of U.S laws with an emphasis on California state law. The features of the California legal system will include the assessment of foreclosure rules and patterns in California. This will include a detailed fact-based evaluation of CCP580 (b), CCP580 (d) and CCP726 (a). The different components will enable the study ...

It is important to first examine the question on the value or importance of a college degree from a financial standpoint. Student debt continues to rise as tuition rates have increased to over 400 percent between the years 1982-2007 (London 361). Without adequate financial support or planning, for many individuals college may lead to overwhelming debt that will not be justified by the jobs that they will obtain. Too often students are graduating college only to find themselves employed in positions that did not require a college degree, yet the student loan payments remain a burden that cannot be ...

American Public University

In this paper, I will discuss the real estate industry development and inefficient use of financial resources in Turkey. Also, the real estate sector causes some damages in nature and misuse of a natural resource. The biggest problem is the short term vision planning businesses have been granted some advantages by the Turkish governments from 1984 to 2016 and the financial markets in Turkey has not been well-developed, and it causes inefficient use of funds. One of the industries using financial resources inefficiently is the real estate business (Finkel & Ersoy, 2016). The population has started increasing rapidly after the ...

1. I have chosen President George W. Bush, who was the 43rd President of the United States and was elected for two consecutive terms to the most powerful office in the world, between 2001 and 2009. The key characteristic of effective strategic leaders, as has been agreed upon by most management theorists, is their ability to organize and energize resources at their disposal and enable the teams that work under them, to achieve their various objectives . The greatest test for any leader, political or business, is when he/she is faced with a crisis that had never been experienced before. ...

Summary of the Wolfers’s Article

This assignment will first summarize the article published by Wolfers (2016) in the New York Times, about policymakers’ possible response to an economic slowdown. Wolfers (2016) begins his article referring to an employment report that suggests job growth is slowing down. He brings up the possibility that the economy may suffer a significant slump, maybe even a recession. Wolfers (2016) suggests that the recent economic recovery may have come to an end. Worse, it is hard to think of a time in recent history when policy makers were so unprepared to answer to the challenge (Wolfers, 2016). If the ...

Movie Summary: The Big Short

The Big Short’, truly a magnum opus, is undoubtedly the best movie I have ever seen in the recent time. Directed by Adam Mackay and based on non-fiction book, ‘The Big Short-Inside the doomsday machine’ by Michael Lewis, the movie is based on the real life incidents revolving around a group of four individuals with parallel yet unconventional story of making millions by going short on the mortgage market. Here, the term- ‘Short’ refers to a financial term when an investors foresight the downside potential in an asset class and place investment on it with the intend to gain ...

Berlin and Germany has for the past few decades known as a center for the European art scene. The city itself is a historical site and one that is very much known for its architecture, history and culture. Berlin for the majority of the second half of the twentieth century was not the most attractive place in Europe for artist, art dealers, gallery owners, and brokers to do business. This was largely due to the effect of the Cold War, the construction of the Berlin Wall and the sensitive political landscape in which Berlin was located. With the end ...

Financial recess is never a novel term. Depressions have always hit the financial system of the world, and the latest recess America is most likely not the final one. Nonetheless, many issues worked together to make the recent U.S crisis the worst financial recession since the global downturn. These factors include failures of market, weaknesses in the execution of policy, as well as macroeconomic problems. The primary concept, which had controlled economic thinking for many years, was that markets functioned. The appropriate prices often get a buyer as well as a seller. Besides, millions of sellers, as well as ...

Summary of Burton Malkiel’s “A Random Walk Down Wall Street”

Burton Malkiel authors the book “A Random Walk Down Wall Street”, highlighting several investing strategies, truisms, myths, and axioms. According to the book, Malkiel seems to have his central premise that index funds are better investment options to an individual than other strategies used for selecting stocks. This piece provides a summary of four chapters divided into two parts: part 1 having chapters 1 and 2, and part 2 having chapters 4 and 14.

Chapter 1: Firm Foundations and Castles in the Air

In the first chapter, Burton starts by defining random walk as an instance in which future occurrences cannot be predicted based on the past occurrences ( ...

Chapter I. Firm foundations and castles in the air

The chapter focuses on the two investment theories, the castle in the air and the firm foundation. According to the firm foundation theory, investing involves knowing the real value of the investment and make decisions based on the real value. One of the examples to explain the concept is investing in Coca-Cola Corporation wherein investing in the company’s stocks requires determining the actual value of the company. In terms of the castle in the air theory, the concept implies that investments should be a response to what others are doing, and the returns for such investment can be ...

Garcia C.P.

Econ 2

2016/09/06 Stock Market in China China has two stock markets; Shanghai and Shenzhen that operate independently under the control of the China Securities Regulation Commission. The government agency commission has a lot of control on the actions of companies in the stock markets, from issuing initial public offers to controlling the level of price movements in the markets. The Chinese practices sponsored trading through the Chinese Securities Finance Corporation. In 2015, efforts of the holding company to soften the markets were futile with losses going up to $5 trillion. The government of China prioritizes market stability over ...

Carbon credit refers to a permit allowing a company or state to emit a ton of carbon dioxide awarded to firms that have decreased the emission of greenhouse gasses below their quota. It follows that a country that produces carbon beyond its quota needs to purchase carbon credits from the energy-efficient ones (those producing less) in what economists call “cap-and-trade.” Although most people believe that the cap-and-trade on carbon emission works, I think this is a false assumption. Some economists opine that funds raised from trading on carbon credits would help them come up with alternative fuels reducing the ...

Introduction

In late 2007, the Dow Jones Industrial Average (DJIA) closed at a record low. Stock markets around the world nose-dived alongside the DJIA. Turbulence in the sub-prime segment of the US housing market, paralysis of the credit markets, excessive lay-offs in organizations, steep decline in investments etc. were all some of the indicators that the world was heading for a massive credit crunch. In the words of Mr. Strauss-Kahn, head of IMF, “Intensifying solvency concerns about a number of the largest U.S.-based and European financial institutions have pushed the global financial system to the brink of systemic meltdown” (BBC ...

Creativity Fails: How To Wreck The Housing Market

On June 5, 1995, at 11:50 A.M., in the East Room at the White House, President Bill Clinton delivered his speech “Remarks on the National Homeownership Strategy”, in which he stated: “The goal of this strategy, to boost home ownership to 67.5 percent by the year 2000, would take us to an all-time high, helping as many as 8 million American families across that threshold” (Peters, G., & Woolley, J. T., 1995). To facilitate such goal, President Clinton eliminated regulatory barriers and stimulated the financial sector to find creative ways of increasing home ownership of low-income Americans (Rajan, 2010, p. ...

In this case, we use the monthly returns of the two indexes for the seven-year period between 6th May, 2009 and 5th May, 2016. The monthly return are determined by comparing the current price with the previous month’s price. The monthly returns are then used to determine the average monthly return and the monthly standard deviation.

S&P MID CAP 400 INDEX

Average monthly return = 1.2047% or 0.012047 Monthly standard deviation = 4.4024% or 0.044024 Annual return = (1 + monthly return)12 – 1 = 1.01204712 – 1 = 1.1545 - 1 = 15.45% Annualised standard deviation = Monthly standard deviation × √12 = 0.044024 × √12 = 0.044024 × 3.4641 = 0.1525 = 15.25%

NASDAQ 100 INDEX

Average monthly return = 1.4196% ...

Our country’s good is a play is a fascinating play that put into light evils such as sexuality and punishment. It exposes the rising crimes in England. The wealthy citizens and middle class were afraid of these crimes especially the stealing of property. The crimes were due to highly increasing population and unemployment in England. Because of this, criminals were forced to migrate into unfertile primitive parts of Australia. The royal marines, who took the convict there, were so angry such that they decided to mistreat the criminals by killing and torturing them as to revenge these prisoners ...

Sorting Algorithms

Introduction Sorting refers to arranging items in a desired manner. This operation finds plenty of applications in real life like searching algorithms, processing data, and for producing human-friendly output. The sorting problem has caught the attention of many researchers. As a result, we find many algorithms to optimize this problem in the required fashion. In this report, we will consider two important sorting algorithms to give readers brief idea about how data management and ordering is done. These sorting algorithms are Insertion sort and Shell sort.

Insertion Sort

It is one of the simplest sorting algorithms based on comparisons between items ...

Agency Problems

1. The agency theory is a supposition that tries to develop an explanation for the relationship that exists between principals and agents in a business (Pfeffer and Salancik, 2003). Normally, agency theory involves developing solutions to the problems that might exist in agency relationships, such as problems between the principals and agents of the principals. One aspect of agency theory is separation ownership. The relationship developed between the owners of the company (shareholders) and the agent (directors) in a company creates a separation in the ownership and control of the company. Major companies such as the ones listed in ...

What 2008 events gave rise to the need for this legislation?

The need for the Dodd-Frank Act (which complete name is the “Dodd–Frank Wall Street Reform and Consumer Protection Act”) was given rise by the financial crisis of 2007–08. This crisis triggered the Great Recession, an event many economists consider the worst crisis in the financial markets since the 1930’s (Dodd-Frank Financial Regulatory Reform Bill Definition, 2016). The United States had suffered a “housing bubble” – an unexpected and sharp increase in real estate prices, fueled by easy credit, that lasted over a decade – which had burst in 2004. Many traded financial instruments had their value directly or ...

Abstract

The current paper explores the main differences of the Great Recession in 2007-2009 from other economic collapses in the history if the United States. Section I discusses the general features of a recession and describes the main responsibilities of the National Bureau of Economic Research. Section II is devoted to the comparison of the Great Recession with the recession of 1980s. The section is divided into four subsections. Subsection A presents the basic comparison of recessions in the U.S. history and explains the choice of the 1980s period for the further comparison. Subsection B explores differences in unemployment in ...

Introduction

The exchange rate is a very significant economic variable that all markets keep a close watch. Exchange rates are influenced by multiple factors both political and economic. A variation in exchange rates implies that the reference currency has become weaker or stronger against the underlying currency. The Japanese Yen has experienced numerous stability swings against other currencies over the past here decades. The worst point in the era experienced by the Yen was in the early 1980’s when the Yen weakened to trade at as low as between 200 – 270 yens per dollar. This condition persisted until after ...

Introduction

In 2008, the entire world was rocked by the biggest financial crisis since the Great Depression. The crisis first affected the entire financial system of the United States before then quickly spread globally. The casualties of the crisis included the whole investment banking industry of the US. Other casualties were the US largest insurance company, largest mortgage lender, among other firms in the financial services sector. The US auto industry was severely hit leading to loss of jobs. The US unemployment rate increased by 4.9% points from the third quarter of 2007 to the third quarter of 2009. The ...

SORTING ALGORITHMS

INTRODUCTION Two sorting algorithms are studied in this paper: bubble sort and quicksort. Bubble sort is a comparison-type algorithm. It compares the elements of the array two at a time. It starts comparing from left to right of the array elements. The element with the greater value is placed on the right, and then compared to the next element. This is done until the largest element is placed at the end of the array. At this point, the largest sorted element is considered sorted, while the rest of the elements are unsorted. The algorithm is repeated for the remaining ...

Introduction

The year 2007-08 brought nightmares for the US economy and its participants because least anyone had expected that the world’s biggest economy will cripple and face the worst ever recession after the Great Depression of 1929-1930. While Wall Street lost more than trillion dollars in value, thousands of Americans were left unemployed and the businesses, even the one who had more than 100 years of their presence in the United States, were filing for bankruptcy. On the other hand, Federal Reserve Bank, which once cited economic bubble as the natural event that cannot be prevented( courtesy the ideology ...

Description

Language can be highly significant breaking common notion among the masses and the video is a valid proof of it. Will McAvoy played by Jeff Daniels does beyond the common answers expected by the audience and reveals the truth about American current position in the world. McAvoy shares statistics and the latest positions held by America on issues such as infant mortality, maths, literacy, life expectancy, science, labour force, etc. McAvoy further justifies his claim by saying the only places America leads is number of incarcerated citizens and defense spending. The result of using such strong language and honest ...

Introduction

The Tulip Mania that took place between 1636 and 1637 is one of the earliest recorded financial bubbles (Veen, 2012). While there is no universally accepted definition of a financial bubble, the term financial bubble is used to refer to a situation where an asset price exceeds the asset intrinsic value, or the value that could be earned by holding the asset to maturity for an extended period of time (The Federal Reserve Bank of Chicago, 2012). The Tulip Mania fits the description of a financial bubble because at its height, the price of some tulip bulbs exceeded the ...

The global financial crisis affected brought down the financial system of the world. It is worth noting that the financial crisis affected various countries in the world. There are various components that led to 2008 financial crisis. The factors offer in-depth information of what happened in the financial systems. The banks played a critical role during the financial crisis. The banks created too much money in the economy and made loans (Claessens 63). The level of debt in the economy doubled, which exerted much pressure in the economy. Also, housing bubble led to financial crisis. The money policies were ...

Introduction

For many years, financial crises have been pervasive. According to Collardi (2012), the frequency of occurrence of financial crises in the recent decades has doubled the occurrence during the Bretton Woods Period and the Gold Standard Era. Nevertheless, the occurrence of the 2007-2008 financial crisis came as a great surprise to many individuals. Initially, the crisis was seen as difficulties that were being experienced in the United States subprime mortgage market. This, however, spilled rapidly to the financial markets before spilling over to the real economy. This paper discusses the causes of the financial crisis and the measures that ...

Introduction

The global financial crisis of 2007-2008 changed business and political outcomes in the United States. The desire by the United States government to ensure that its citizens get affordable housing led to a concerted government and business effort that led to the housing bubble and then bust. The new housing policy had its basis in the idea of American exceptionalism. The term "American Exceptionalism," coined by Alexis de Tocqueville in 1831, has historically referred to the perception that the United States differs qualitatively from other developed nations, because of its unique origins, national creed, political philosophy, and religious institutions. ...

Central Bankers:Jannet Yellen

Early Life and Education Born in 1946 in Brooklyn, New York, Janet Yellen is currently serving as chairman of Federal Reserve and is also the first woman to hold this position. Being a bright and intelligent student right from the school days, she was elected as editor- in-chief of her school newspaper and became valedictorian by the time she graduated from school in 1963. She then went on to study economics at Brown University, where she earned her bachelor degree in Economics in 1967. Thereafter, she enrolled at Yale University for her doctorate in economics, which she completed in ...

Global Financial Crisis in the US

Introduction It was hard for the economists, professional analysts and policymakers among other players in the financial industry to foresee the crisis in the US mortgage lending industry in 2007 that resulted in the world's worst economic recession in two years' time (Sher and Iyanatul 2010). Initially, there was a housing bubble characterized by high house prices, low-interest rates, more support for subprime mortgage and increased speculation by the buyers (Acharya and Schnabl 2010). Eventually, there were decline of house market prices, increased lending rates and increased default and foreclosures by the mortgagors (John 2009). Notably, by mid-2008 the ...

The Souk Al-Manakh was a classic financial bubble that comprised of investors from around the oil-rich Persian Gulf, and it exploded after confidence in the system was affected. In August 1982, Investors’ checks were reported to bounce and the stock market exchange buckled within a month. The Kuwaiti Ministry of Finance demanded the clearance of all postdated checks by Banks to speed the close down of the stock exchange. The Kuwaiti government conveyed a clearinghouse company that tried to solve disputes and other plights of the investors and brokers (Al-Deera Holding). The arbitration panel was expected to address all ...

The global recession of 2008 the worst recession the world has seen till date. The recession was not caused by business cycle fluctuations but by the financial bubble. This recession is often referred to as the sub-prime crisis as this was the result of sub-prime lending that created the property bubble that burst in 2008 to create the huge recession. In this paper we are going to discuss how this lending procedure emerged and how it led to the bankruptcy of a number of financial institutions. During 2007 the Fed rates were quite low. The low interest rates induces ...

The recession that engulfed the world economy in 2008 has taken the economic analysts by surprise. Questions have been raised about the effectiveness of economics as a predictive science. The recession was not the outcome of a business cycle fluctuation that macroeconomic theory has explained and solved in the past. It occurred entirely from a situation of market failure in the financial segment. It was the property bubble that inflated to such an extent that the whole world was affected when the bubble burst out in 2008. In this paper we are going to describe how this property bubble ...

[Student-Id] [unit name] [ Date of Submission] [ tutor’s name]

Introduction

In the last few centuries, our understanding of universe has grown by leaps and bounds. Before seventeenth century, people generally believed that the Earth is at centre of the universe and all heavenly bodies move around the Earth. Galileo challenged the idea and published his papers in support of Copernican heliocentric theory that the Earth and other planets move around the Sun. Our understanding of universe grew further. We realized that the Sun is not unique and there are hundreds of billions of stars in the galaxy, which are brighter ...

Inside Job: Story of the Crisis

The Oscar winning movie “Inside Job” is a documentary on the financial crisis of 2008, showing a chain of events leading up to the final crisis and the aftermath following. Inside Job takes its cue from the Reagan administrations move to relax rules on banks and other business during the 1980’s, leading to a huge boom in the financial sector. Over the next 30 years, the gradual removal of rules continued such as the dropping of the Glass-Steagall barrier between deposit and investment banking. The growth of the securitization market at the same time lead to a boom ...

Introduction

The severity and suddenness of the financial crisis of 2008-09 had taken the world in surprise. It had an immense impact on the economies around the world. A major casualty was the labor force. Unemployment had increased alarmingly. The astounding fact about the great depression was that the economists and financial analysts failed to predict a crisis that took such a great proportion to engulf the almost the entire world. It raised doubts on the effectiveness of Economics as a predictive science and made the profession of economists questionable in the intellectual spheres. The depression have been mitigated with ...

Introduction

The research paper will look at the Souk Al-Manakh crisis in Kuwait which affected the economy of Kuwait and pushed the Gulf Region into recession. The topic of discussion is important as it has led to significant changes in the economic situation in the Gulf Region. The crisis affected countries whose companies traded in the informal Souk Al-Manakh stock exchange. One of the largely affected countries was Bahrain that worked at ensuring that it maintains its financial reputation to the rest of the world (Colombo #1). The purpose of the study is to determine the steps taken by the ...

Introduction

Stem cell therapy has proved to be a boon for the medical world. It has made treatment of many diseases a lot easier than it could have been ever imagined. Diseases which were earlier considered untreatable can now be treated with the help of this latest development in the field of Medical Science, known as the stem cell transplant. Many medical researchers believe that stem cell transplant have enormous potential to change the face of disease among the humans and relieve them from their sufferings. There already are a good number of stem cell treatments existing in the medical ...

Response to the great recession of 2007-2008

Introduction The 2007 financial crisis had various causes, with the primary ones being the failure of key corporations in the state, asset value depreciation, lack of adequate government intervention to control the financial market and finally reduced economic activities. However, to manage the situation, both regulatory and market strategies were sought by different stakeholders, with the aim to achieve economic recovery in the U.S. Global housing bubble reached its peak in 2006, leading to significant fall in the valuable asset price by a margin of 40%. The different securities attached to the housing market were exposed to more risks, ...

Abstract page

One of the most important assets of the industrial application these days is the Fluidized bed reactors. When gasses, solids, and liquids contact simultaneously, a large number of industrial process reactions are involved. All these operations need a multiphase reactor to be carried out. Since a variety of multiphase chemical reactions can be carried out in a Fluidized Bed Reactor, it is interesting to learn about its functioning, various types, application, advantages, and disadvantages. Initially, fluidized bed reactors were built for the petrochemical and oil industries. Now, they are widely used for producing Gasoline and other fuels, plastics, polymers, ...

About the paper

The year 2007-08 was a nightmare for the US economy. It was after 80 years of the Great Depression that the United States was facing a financial carnage that was eroding billions, leaving people unemployed and creating a junk in the cash vault of the economy. With back to back failure of the monetary policies of the Federal Reserve and bankruptcy filings by the biggest companies in the country, the eminent economists and members of the Federal Reserve were evaluating the reasons for the economic impotency and discussing the best possible ways to counter the situation. However, amidst all ...

Abstract

This paper describes the chemical reactor with a fluidized bed of catalyst, its advantages and disadvantages. The works also includes design elements and technologies of creation of the fluidized bed. The separate section describes the observed similarity of the behavior of the liquid in the fluidized bed. The conclusion describes the main spheres of application of the chemical reactor. During the study, it was concluded that this type of chemical reactor is widespread due to the large number of advantages that largely compensate the disadvantages. In general, it is difficult to name the industry, where the fluidized bed is ...

Shadow banking, as an economic phenomenon of recent years, should be viewed primarily in the context of changing economic conditions. Today, a new global macro position is a post-crisis pause of rapid growth of the world economy, the consequence of which is fixed to the long time the situation of general uncertainty in the economy. In the context of the changing global macroeconomic conditions, the problem of shadow banking and its regulation is relevant. The topic deserves close attention from the perspective of scientific and practical understanding of this phenomenon. Shadow banking is a financial market segment, operating outside ...

Over the course of history, Japan has been isolated from the rest of the world. Due to the absence of influence of globalization, this country had its unique norms, rules, customs, and traditions unaffected by factors of the external world. “There is not the slightest doubt that culture has a deep and persuasive influence on the Japanese” as well as on the Japanese economy and other crucial domains of life in the country (Woronoff, 2001, p. 39). However, “after the bursting of Japan’s speculative bubble, it has become increasingly clear that the country must transform itself once again ...

2007 Housing Market Bubble 2007 Housing Market Bubble

Introduction

The 2007 housing crash was the worst bubble burst experience that has ever been encountered in the U.S. history, an occurrence that led to financial crisis. It is important to appreciate the fact that different factors led to the housing bubble of 2007, with some of the primary causes being the credit crunch that was caused by the housing bubble. Nathsanson & Zwick (2015) assert that irrational exuberance is among the aspects that led to the development of a ripe environment for the growth of housing bubble hence contributing to the financial ...

The role of a central bank during a bubble phase has been widely debated in the past. While some argue that monetary policy tools should not be used to prick a bubble in the economy, others argue that using monetary policy tools to prick asset bubbles early in their development can benefit the economy in the long term before it becomes too big and poses systemic risk to even the real sectors. A central bank can use monetary policy to burst a developing bubble in the economy by increasing the policy interest rate. This would cause the yields of ...

Introduction

History If we manage to assume the situation in the last ten years, we would actually observe the following: the House Price Index began to be lower than GDP per capita in 2012, in spite of the fact that both aforementioned indicators was increasing. Some Chinese dwellers unanimously claim that an average citizen of Beijing has to neither eat nor drink for approximately eighty years just to buy a floor space of around one hundred square meters. The property market within China will likely going to be strong and medium-term oriented. According to Global Property Guide (2015), “That's because ...

Abstract

A large mass of literature shows that children require contact with nature to secure their well-being. The young people are slowly becoming detached from the environment since their outdoor access has greatly diminished. The essence of prior school and school setting is to ensure that children are connected to their surroundings. The studies utilized in this essay evaluate how the opportunities to engage in nature affect kid’s social and play behaviors. The journals adopt various childhood centers with different outdoor components for the review. Participants are observed over a particular period. Other articles used in this study explore ...

Foundation Course – Name

Introduction The US-China international relations attract much attention of politicians and economists all over the world as the key influential and transformational factor on the global arena. Ferguson & Schularick (2007) adopted the term “Chimerica” to describe the peculiar relationship between US and China established during the decades. According to ancient Greek mythology, the Chimera was a monster with several heads, legs and arms representing a strong animal able to dominate the world and threaten its stability. Analyzing the world global crisis 2008-2009 and recession phenomenon Ferguson & Schularick (2007) referred the “Chimerica” concept to the emerging monster, which currently regulates ...

Q1 The Australian Housing Market Report, prepared for National Australia Bank Ltd. by RP Data in November 2014, delineates the core changes that occur in the Australian housing market. Nowadays, many economists argue whether or not there is a housing bubble on the Australian housing market, because some features of it let them assume that these market conditions are quite similar to those that existed prior to the collapse of housing markets in other counties (Mercer, 2014). Such market failures, or so-called price corrections, can bear great risks for state stability and welfare due to the strong social impact ...

Abstract

Essential financial strategies are essential in the performance of an organization. In order to ascertain that the ideologies implemented in any corporate practice are worthwhile, any management needs to take into account ethical measures. The financial crisis experienced in the period between 2008 and 2009 is a worthwhile example of the effects of unethical business practices in the corporate field. Through the film Frontline: Inside the Meltdown, Michael Kirk seeks to explain the events contributing to the collapse of major companies such as Lehmann Brothers. In addition to that, some organizations that took a major blow as a result ...

1301 ENGL

Argumentative Essay

Traditional methods of education, with schools emphasizing reading and writing and a balance of technology and real books, ensure that individual personality and societal relations will not be lost. Technology alone has the ability to take away our human relationships and our sense of self. Yet, technology is necessary in order for humans to continue to grow. Schools, real books and a balance of technology will ensure that modern students socialize, obtain experience with life, and retain the necessary skills of reading and writing. The Disciples belief in the traditional method of education is absolutely the correct ...

The article about Gerber products whereby babies are used to gauge which foods are appropriate for children is quite catchy. Children, especially the ones used in the research, cannot talk and often they give mixed interpretations on what they like and dislike. Even mothers at times find it difficult to understand what their children are trying to say. Gerber apparently uses baby talk analyze the effectiveness of their products before sending them to the market. It seems almost risky as most products before they reach the market are not safe and could lead to so many side effects, well ...

Today, almost seven years after the financial crisis that threw America into upheaval in 2008, the effects are still being felt. In September 2008, the collapse of Lehman Brothers, a global bank, nearly caused the collapse of the financial system of the entire world. What resulted was the worst economic downturn seen by the world since the Great Depression, 80 years ago. The event has been called the Global Financial Crisis and the 2008 Financial Crisis; the period following the collapse became known as the Great Recession.

While the ...

The process of DNA replication at biochemical level

DNA or deoxyribonucleic acid is a biopolymer that encodes all the structures needed for the organism’s lifespan and development. In a cell it is located in the nucleus, mitochondria and chloroplasts. DNA consists of four types of deoxyribonucleotides, the sequence of which is used to store the data.

The essential characteristic of DNA molecule that allows it to pass the stored information to the next generations of cells or organisms is the way of self-reproduction known as replication. The molecule consists of two complementary chains that are held together with the help of hydrogen bonds between the complementary bases. ...

Introduction

Housing bubbles have happened in different economies around the globe. The most recent and most publicized was the subprime mortgage crisis in the United States of America. Understanding what a housing bubble entails in very important in determining whether any economy is experiencing a housing bubble. In economic terms, a housing bubble is the unprecedented increase in the prices of houses because of an increase in demand for housing units, speculation on the prices and the belief that the recent trends in demand and price are surefire forecasts of future trends in the housing market.

A housing bubble starts when the demand ...

Part 1

- In what ways did the video "The Crisis of Credit" demonstrate the failure of the banking industry's Fiduciary Relationship to investors and home owners?

The video explains a worldwide financial disaster that effected everyone. It started on the burst of the dot com bubble when the federal reserve of the United States decreased the interest rate to 1%. This value dramatically dropped the investment level because of the reduced ROI. This action made banks to take more and more loans from the Federal Reserve. The leverage increased as it became very easy to return a loan, so the demand for credit increased rapidly.

The banks took a lot of credit, and they were easily able to payback and made a lot of profits. Investors saw this as ...